https://padlet.com/rowlandsaidan/gkljzphs7qgk Aidan Rowlands en-us 2019-03-25 23:45:50 UTC 2026-01-15 20:01:06 UTC hello@padlet.com rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347704586 This website is very helpful on how interest and loans can affect you. If the interest rates in Canada were to go up it would has huge affects on anyone who needs a loan and people who already have loans. If you're  borrowing money and the interest rate goes up you will more than likely have to renegotiate a fixed interest rate.

This website is by far the most informative and helpful website i could find on the internet i learned a lot of good information from this website.]]> 2019-04-02 16:06:31 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347704586 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347710447 Every Canadian should read this article. I think reading this will open the eyes of most Canadians it shows that Canada's interest rates for the last 30 years have been going down gradually but in 2017 Canada saw rates spike multiple times after it had only been going down the last 7 years. This article shows how the bank of Canada has been doing a good job at keeping inflation rates low so our economy can continue to grow and thrive. 

Reading this article I learned just how important the Bank of Canada's job is they keep our country operating and keeping our economy growing without getting out of hand.]]> 2019-04-02 16:18:24 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347710447 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347719292 This website is very useful and had great points. It describes the role of the Bank of Canada very well it shows the difference between the Bank of Canada and other banks. This website shows how even a slight increase in interest rates can affect you as a consumer and all the areas it will affect, also giving you tips on how you can protect yourself.

I found this website very informative everything is lay'ed out in simple categories making it easy to follow and understand.]]> 2019-04-02 16:36:10 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347719292 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347727286 This website is great for anyone who is new with finances and interest rates or someone who just wants to know more. In this website is describes to you how interest rates can change overnight things like loans and mortgages will feel the impact of overnight hikes depending on if there variable of fixed how also it shows how the Bank of Canada's role and influence on interest in Canada works.  

This website is great for anyone who is feeling left out of how interest rate work in Canada and the thinks they could affect in your daily life. ]]> 2019-04-02 16:52:29 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347727286 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347733218 This video shows just how much interest rates and loans affect the consumers and tax payer's on a daily basis. Toronto for example had 26% of mortgages being 80% loan to value ratio being the highest in Canada. Canadians are just biting the bullet and paying with the high interest rates but this can only go on for so long before it will crash.

This video is extremely informative about the nature of the economy in Canada right now and wants to ensure Canadian's are protected and secure in there country.]]> 2019-04-02 17:03:12 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347733218 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347738658 This video explains very clearly how the slow increase in interest rates in Canada have affect home owners and consumers leading to huge amounts of debt in Canadian's and no one being able to pay it off. Since the 1980's the amount of money Canadian's owe per dollar they earn has more that doubled, in 1980 for every dollar earned in Canada 66 cents was owed in 2019 for every dollar earned a 1.71$ is owed.

This video is very good to watch you can learn a lot about how Canada's interest rates are rising and how Canadian's are more in debt than ever before.]]> 2019-04-02 17:14:02 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347738658 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347739422 This video does a very good job at showing you just how the interest rates change and what it will affect in your life as a daily consumer, this informs you on how the Bank of Canada comes to there decisions on interest rates and shows you why the rates increase/decrease.

I found this video very straight forward and informative getting directly to the points that matter is a short well prepared breakdown of the Bank of Canada and interest rates.]]> 2019-04-02 17:15:36 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347739422 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347750356 This video is great to show consumers how interest rates in Canada are affecting new home buyers and how with the new rules in Canada when it comes to buying a home, consumers will need to be able to afford a home that is much more than the one the bank will let them buy.

In this video i learned that it is very difficult for new home buyers in Canada to get into the housing market with the rules that now require you to be able to afford a home at higher interest rates than what is offered by your local bank.]]> 2019-04-02 17:35:18 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347750356 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347758514 This image shows that even a small increase in interest like .5% can have a huge affect on things like loans and mortgages]]> 2019-04-02 17:51:30 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347758514 rowlandsaidan https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347759941 This image is a good diagram of what would happen if interest rate were to rise and what those problems would lead to.]]> 2019-04-02 17:54:25 UTC https://padlet.com/rowlandsaidan/gkljzphs7qgk/wish/347759941